Filed February 10, 2023
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO BANK, N. A. Service code 15 · EIN 94-1347393 | Recordkeeping | $21,038 |
FINANCIAL ENGINES3 years Filed as: FINANCIAL ENGINES, LLC Service code 26 · EIN 47-5324976 | Advisory (Participants) | $15,327 |
Service code 19 PO BOX 219502 · KANSAS CITY, MO 641219502 | Securities Custodian | $0 |
Filed as: MASSACHUSETTS FINANCIAL SERVICES CO Service code 19 · EIN 04-2747644 | Securities Custodian | $0 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Filed as: PRINCIPAL MANAGEMENT CORPORATION Service code 19 655 9TH STREET · DES MOINES, IA 503922080 | Securities Custodian | $0 |
WELLINGTON TRUST COMPANY2 years Filed as: WELLINGTON TRUST CO., NA Service code 19 280 CONGRESS STREET · BOSTON, MA 02210 | Securities Custodian | $0 |
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,462 | $124,414-32.9% | $115,157-27.5% | $67,579+23.5% |
| Participation rate | 92.4% | 58.1%+34.4pp | 75.9%+16.5pp | 71.3%+21.1pp |
| Annual return | 21.32% | 29.40%-8.1pp | 35.60%-14.3pp | 378.56%-357.2pp |
| Employer contribution / active EE | $1,522 | $1,454+4.6% | $3,179-52.1% | $2,148-29.1% |
| Participant deferral / active EE | $4,206 | $2,331+80.5% | $4,168+0.9% | $3,539+18.8% |
| Admin fee / account holder | $97 | $361-73.0% | $7,088-98.6% | $142-31.5% |